Monthly Archive: April 2018

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VictoriaBank seeks rehearing on granted $13.1 mill Zeek funds appeal

Following the granting of an appeal in favor of the Zeek Rewards Receiver, VictoriaBank has filed a rehearing petition.In the April 9th petition, VictoriaBank reasserts the validity of the District Court’s order.At its heart, the District Court’s Order granting Victoriabank’s motion to dismiss for lack of personal jurisdiction was based on a finding that, absent domestication, Victoriabank was never subject to the Freeze Order in the first place.VictoriaBank asserts that this is the reason they should be allowed to keep $13.1 million in stolen Zeek Rewards investor funds.The Fourth Circuit didn’t actually rule on jurisdiction.Instead it punted the case back to…

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Copy Profit Success Global Review: $145 a month forex scam reboot?

Promotion of Copy Profit Success Global, also known as CPS Global, began in late 2017.CEO and co-founder Joel Santiago claims “beta-testing” for a “prelaunch phase” started around nine months ago.As of yet CPS Global doesn’t appear to have a public website. Promotion for the company primarily occurs through Copy Profit Success Global branded social media accounts.CPS Global marketing material doing the rounds reveals Santiago is joined by co-founder Joe Otis.Joel Santiago first appeared on BehindMLM as CEO and President of Volishon in 2015.Volishon combined pyramid recruitment with access to discount travel.By mid 2016 a former top Volishon affiliate claimed the company…

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Kryptogenex Review: $250 crypto education with securities fraud

Kryptogenex provide no information on their website about who owns or runs the business.The Kryptogenex website domain (“kryptogenex.com”) was privately registered on January 16th, 2018.Further research reveals a YouTube video titled “KryptoGeneX – Meet The Founder”, uploaded to a YouTube channel bearing the name “KryptoGeneX” on February 12th, 2018.In the video host Brandon “Bitcoin Brandon” Ivey, an affiliate from California, identifies five Kryptogenex co-founders; Stephen McCullough (Oklahoma), Jeramie and Kathy Keen (Hawaii), Will Fjetland (Washington) and Mike Boggs (Pennsylvania).Stephen McCullough’s claim to MLM fame is being one of the co-founders of SkyBiz.In 2001 the FTC sued SkyBiz for being a pyramid…

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Xpro Trading & Service Review: LikesXL Ponzi launches X12 altcoin

LikesXL launched in 2015 as a simple 50 EUR Ponzi scheme.According to BehindMLM reader reports, LikesXL investors began experiencing withdrawal problems in late 2016.In an attempt to continue to defraud investors, LikesXL announced it would launch “stunning new business building videos”, a “state of the art automated sales funnel” and “new and very exciting auction platform”.Those ideas flopped however, with LikesXL website traffic continuing to decline throughout 2017.In September 2017 website activity increased, coinciding with the launch of Xpro Trading and Service.The Xpro Trading and Service website provides no information on who owns or runs the business.The website domain (“xpro-service.com”) was…

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Pedro Fort’s lawyer “abandons case”, request for state attorney denied

Pedro Fort has seemingly been caught out in a web of lies, leading to his attorney withdrawing from the case for a second time.In a brief April 9th filing, Fort requested a “lawyer of the state” be appointed.Fort made the request because his “lawyer has abandoned the case”. He also claims to not have “the resources to pay a lawyer of confidence”.Failure to appoint a state attorney, Fort argued, would harm his right to due process.On April 10th Fort’s attorney filed a motion to withdraw, claiming he was “unable to communicate with his client”.As per an April 12th SEC response objecting…

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Default judgment sought against Digital Altitude

The FTC’s lawsuit against Digital Altitude continues, with the latest seeing default judgment sought against the company and related entity defendants.On March 26th the FTC filed a request asking the court clerk to enter default against Digital Altitude Limited, Aspire Processing LLC, Aspire Processing Limited, Aspire Ventures Ltd, Disc Enterprises Inc, RISE Systems and Enterprise LLC and Soar International Limited Liability Company.Default was entered against Aspiring Processing, LLC, Disc Enterprises Inc. and RISE Systems and Enterprise LLC.Owing to service in the UK, the clerk didn’t enter default against Aspire Processing LLC, Aspire Processing Limited, Aspire Ventures Ltd, Digital Altitude Limited, Disc Enterprises Inc,…

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Power Mining Pool cease and desist permanent, exit-scam confirmed

Following a cease and desist issued last month, Power Mining Pool’s website was quickly pulled offline.Power Mining Pool’s admins strung investors along while they quietly executed their exit strategy, after which communication lines went silent.Now North Carolina has confirmed Power Mining Pool failed to respond to the cease and desist notice, confirming the company’s owners exit-scammed.On April 19th North Carolina made the March cease and desist against Power Mining Pool permanent.This prohibits the company and its owners from continuing to fraudulently offer securities in North Carolina – not that it does the company’s victims any good.The North Carolina Securities Division reveal…

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New Image International Review: 30 yo company with no disclosure

New Image International (also commonly known as New Image Asia), claim to be ‘an award winning business created over 30 years ago in New Zealand‘.The company operates in the health and nutrition MLM niche and today operates in a number of countries across Oceania, Asia and Africa.Heading up New Image International is founder and Chairman, Graeme Clegg.According to Clegg’s New Image International corporate bio, hestarted out as a sheep farmer near New Zealand’s capital, Wellington.It was on his farm that Graeme developed his groundbreaking ideas about health supplements and in 1984 decided to act on his research into the incredible health…

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Members Choice Review: VIPtv streaming & $39.95 a month recruitment

Members Choice operate in the personal development and streaming MLM niches.An incomplete corporate address in Conyers, Georgia is provided.Members Choice list two co-founders on their website, Howard Harrison Jr. (President and CEO) and J. William (Executive Vice President).In his Members Choice corporate bio, Harrison claims he’s “better known as Pastor Howard”.Prior to co-founding Members Choice, Harrison was an Executive Advisory Board member of the Noble 8 Revolution gifting scheme:J. William (full name: Johnny William Cabe) claims to have been “active in network marketing for 40 years”.On the Members Choice website Cabe is credited as “Dr. J. William”.In 2015 Cabe (right) ‘pleaded no…

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Tecademics screw affiliate out of $20,000, IQup not interested?

About a week ago we covered a co-founder conflict leading to Chris Record selling his stake in Tecademics.Tecademics itself is no more and has been amalgamated into IQup.One loose end that neither Tecademics co-founders Chris Record and Jim Piccolo or IQup seem keen to tie up however, is a missing $20,000 prize awarded to one of their affiliates.Colton Fitzgerald is a former Tecademics affiliate. At a “Tec Talks 2017” event, Chris Record named him as winner of “$20,000 cash”.This was announced on-stage in front of an audience of Tecademics affiliates.[embedded content]Fitzgerald won the $20,000 prize as part of Tecademic’s “90 day challenge”.In…